Tiffin Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Tiffin averaged 7.06% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.79% and one month ago for the week of 2023-02-09, the average rate was 6.18%.

    Tiffin's average rate one year ago was 3.82%.

    For refis of the same type during the week of 2023-03-16, the average rate was 7.13%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Tiffin 30 Year Fixed Rate 2023-03-16 7.06%
    Tiffin 30 Year Fixed Rate Refi 2023-03-16 7.13%
    Tiffin 15 Year Fixed Rate 2023-03-16 6.31%
    Tiffin 15 Year Fixed Rate Refi 2023-03-16 6.59%
    Tiffin 30 Year FHA 2023-03-16 6.81%
    Tiffin 30 Year FHA Refi 2023-03-16 6.12%
    Tiffin 30 Year USDA 2023-03-16 6.34%
    Tiffin 30 Year USDA Refi 2023-03-16 6.51%
    Tiffin 30 Year VA 2023-03-16 6.4%
    Tiffin 30 Year VA Refi 2023-03-16 5.87%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Tiffin, OH.

    Tiffin Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Tiffin, OH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    LOANDEPOT.COM, LLC 109 5.38% $3,847
    The Old Fort Banking Company 41 5.44% $2,531
    QUICKEN LOANS, LLC 22 5.27% $5,388
    The Huntington National Bank 20 5.14% $4,126
    U.S. Bank 18 5.23% $3,160
    First Federal Bank of the Midwest 16 4.45% $3,272
    Fifth Third Bank 16 5.29% $3,523
    The Croghan Colonial Bank 14 4.84% $3,185
    UNION HOME MORTGAGE CORP. 10 5.25% $4,745
    KeyBank 7 5.44% $2,945
    UNITED WHOLESALE MORTGAGE, LLC 6 6.24% $5,422
    PNC Bank 5 4.63% $4,632
    CROSSCOUNTRY MORTGAGE, LLC 4 6.14% $4,355
    Superior Credit Union, Inc. 4 6.16% $2,757
    The State Bank and Trust Company 4 4.66% $6,081
    JPMorgan Chase Bank 3 4.50% $3,181
    First National Bank of Bellevue 3 5.38% $4,361
    First Federal Savings and Loan Association of Lakewood 3 4.21% $4,181
    The Genoa Banking Company 2 3.25% $4,525
    PENNYMAC LOAN SERVICES, LLC 2 4.81% $4,551
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.24% $2,252
    Mr. Cooper ( Nationstar Mortgage ) 2 5.31% $6,855
    Mortgage Research Center, LLC 2 5.31% $4,612
    HOMESIDE FINANCIAL, LLC 2 4.99% $5,044
    The Union Bank Company 2 6.31% $3,497
    Third Federal Savings and Loan Association of Cleveland 2 3.92% $1,995
    USAA Federal Savings Bank 1 7.63% $3,983
    Wells Fargo Bank 1 3.25% $2,112
    YOUR HOME FINANCIAL LLC 1 5.75% $3,660
    NEWREZ LLC 1 4.38% $4,129
    AMERICAN FINANCING CORPORATION 1 4.50% $5,064
    AMERISAVE MORTGAGE CORPORATION 1 5.38% $9,431
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.38% $3,662
    Bank of America 1 4.63% $2,288
    Blue Ridge Bank 1 4.63% $2,751
    Carrington Mortgage Services, LLC 1 5.38% $5,905
    Charles Schwab Bank, SSB 1 5.05% $4,361
    Citizens Bank 1 3.38% $5,836
    City National Bank 1 4.78% $4,356
    Civista Bank 1 6.88% $3,433
    EQUITY RESOURCES, INC. 1 5.88% $2,896
    Flagstar Bank, FSB 1 3.86% $3,120
    FREEDOM MORTGAGE CORPORATION 1 4.75% $4,073
    Goldwater Bank, N.A. 1 6.50% $3,908
    GUARANTEED RATE, INC. 1 4.38% $1,777
    GVC MORTGAGE, INC. 1 6.38% $5,586
    MICHIGAN MUTUAL, INC. 1 3.75% $4,722
    MID AMERICA MORTGAGE, INC. 1 4.88% $6,191
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.63% $7,147
    NAVY FEDERAL CREDIT UNION 1 5.13% $4,800
    Ally Bank 1 3.88% $1,610
    ROYAL UNITED MORTGAGE LLC 1 4.13% $6,239
    The Park National Bank 1 5.38% $3,336
    TOP FLITE FINANCIAL, INC. 1 5.75% $7,036
    Union Savings Bank 1 5.38% $2,806

    Tiffin Average Closing Costs & Other Stats

    Tiffin, OH's 55 lenders originated 1,038 loans during 2022. The total origination value was $138,110,000, with an average loan value of $133,054.

    Tiffin's average closing costs are $4,118.

    The top Tiffin lender as defined by loan originations is LOANDEPOT.COM, LLC, with 109 loans originated. Their average total fees are $3,847, which is $1,316 higher than the next largest lender, The Old Fort Banking Company.

    The lowest fee Tiffin lenders (with over 10 loans originated) are The Old Fort Banking Company ($2,531), U.S. Bank ($3,160), The Croghan Colonial Bank ($3,185), First Federal Bank of the Midwest ($3,272) and Fifth Third Bank ($3,523).

    The lowest rate Tiffin lenders (with over 10 loans originated) are First Federal Bank of the Midwest (4.45%), The Croghan Colonial Bank (4.84%), The Huntington National Bank (5.14%), U.S. Bank (5.23%) and UNION HOME MORTGAGE CORP. (5.25%).

    Tiffin, OH Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    LOANDEPOT.COM, LLC $36,310,000 $28,435,000 -21.7% 20.6%
    The Old Fort Banking Company $13,830,000 $12,070,000 -12.7% 8.7%
    QUICKEN LOANS, LLC $12,765,000 $8,215,000 -35.6% 5.9%
    Fifth Third Bank $10,725,000 $7,440,000 -30.6% 5.4%
    First Federal Bank of the Midwest $10,810,000 $6,545,000 -39.5% 4.7%
    The Huntington National Bank $6,775,000 $5,880,000 -13.2% 4.3%
    U.S. Bank $10,490,000 $5,420,000 -48.3% 3.9%
    AG Credit, Agricultural Credit Association $7,140,000 $4,675,000 -34.5% 3.4%
    GREYSTONE FUNDING COMPANY LLC $4,235,000 n/a 3.1%
    Heartland Bank $3,155,000 n/a 2.3%
    Mortgage Research Center, LLC $1,895,000 $2,960,000 56.2% 2.1%
    UNION HOME MORTGAGE CORP. $6,180,000 $2,915,000 -52.8% 2.1%
    PNC Bank $3,225,000 $2,850,000 -11.6% 2.1%
    The Croghan Colonial Bank $4,730,000 $2,725,000 -42.4% 2.0%
    Superior Credit Union, Inc. $5,280,000 $2,480,000 -53.0% 1.8%
    POLARIS HOME FUNDING CORP. $3,250,000 $1,925,000 -40.8% 1.4%
    CROSSCOUNTRY MORTGAGE, LLC $1,270,000 $1,855,000 46.1% 1.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,045,000 $1,790,000 71.3% 1.3%
    KeyBank $1,765,000 $1,790,000 1.4% 1.3%
    The State Bank and Trust Company $2,715,000 $1,700,000 -37.4% 1.2%
    First Federal Bank of Ohio $3,430,000 $1,680,000 -51.0% 1.2%
    UNITED WHOLESALE MORTGAGE, LLC $1,690,000 $1,395,000 -17.5% 1.0%
    Old National Bank $1,285,000 n/a 0.9%
    MID AMERICA MORTGAGE, INC. $335,000 $1,070,000 219.4% 0.8%
    First Federal Savings and Loan Association of Lakewood $1,780,000 $990,000 -44.4% 0.7%
    The Genoa Banking Company $390,000 $965,000 147.4% 0.7%
    JPMorgan Chase Bank $2,225,000 $705,000 -68.3% 0.5%
    First National Bank of Bellevue $2,170,000 $695,000 -68.0% 0.5%
    EQUITY RESOURCES, INC. $285,000 $675,000 136.8% 0.5%
    Fremont Federal Credit Union $2,275,000 $650,000 -71.4% 0.5%
    FREEDOM MORTGAGE CORPORATION $1,385,000 $645,000 -53.4% 0.5%
    HOMESIDE FINANCIAL, LLC $650,000 $640,000 -1.5% 0.5%
    Sutton Bank $2,560,000 $640,000 -75.0% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 $635,000 408.0% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,275,000 $625,000 -51.0% 0.5%
    CALIBER HOME LOANS, INC. $880,000 $515,000 -41.5% 0.4%
    Bank of America $180,000 $505,000 180.6% 0.4%
    The Union Bank Company $490,000 n/a 0.4%
    YOUR HOME FINANCIAL LLC $95,000 $475,000 400.0% 0.3%
    Citizens Bank $375,000 $410,000 9.3% 0.3%
    PENTAGON FEDERAL CREDIT UNION $410,000 n/a 0.3%
    NEWREZ LLC $1,180,000 $400,000 -66.1% 0.3%
    Third Federal Savings and Loan Association of Cleveland $385,000 n/a 0.3%
    Charles Schwab Bank, SSB $365,000 n/a 0.3%
    Wells Fargo Bank $580,000 $355,000 -38.8% 0.3%
    USAA Federal Savings Bank $250,000 $350,000 40.0% 0.3%
    AMERISAVE MORTGAGE CORPORATION $135,000 $340,000 151.9% 0.2%
    NEW DAY FINANCIAL, LLC $85,000 $335,000 294.1% 0.2%
    Bank of England $570,000 $330,000 -42.1% 0.2%
    Flagstar Bank, FSB $355,000 $330,000 -7.0% 0.2%
    HOME POINT FINANCIAL CORPORATION $155,000 $325,000 109.7% 0.2%
    Ally Bank $310,000 n/a 0.2%
    City National Bank $305,000 n/a 0.2%
    Figure Lending LLC $25,000 $305,000 1,120.0% 0.2%
    First Federal Community Bank of Bucyrus $45,000 $285,000 533.3% 0.2%
    AMERICAN FINANCING CORPORATION $65,000 $280,000 330.8% 0.2%
    PENNYMAC LOAN SERVICES, LLC $1,970,000 $270,000 -86.3% 0.2%
    RUOFF MORTGAGE COMPANY, INC. $115,000 $260,000 126.1% 0.2%
    MORTGAGE ACCESS CORP. $255,000 n/a 0.2%
    Carrington Mortgage Services, LLC $950,000 $220,000 -76.8% 0.2%
    NATIONWIDE MORTGAGE BANKERS, INC. $215,000 n/a 0.2%
    Servion, Inc. $210,000 n/a 0.2%
    The First National Bank of Pandora $745,000 $205,000 -72.5% 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $200,000 n/a 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $155,000 $195,000 25.8% 0.1%
    STOCKTON MORTGAGE CORPORATION $195,000 n/a 0.1%
    GVC MORTGAGE, INC. $190,000 n/a 0.1%
    MORIA DEVELOPMENT, INC. $185,000 n/a 0.1%
    GUARANTEED RATE, INC. $455,000 $180,000 -60.4% 0.1%
    BROKER SOLUTIONS, INC. $440,000 $175,000 -60.2% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $175,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $525,000 $170,000 -67.6% 0.1%
    The Park National Bank $655,000 $170,000 -74.0% 0.1%
    FIRST OHIO HOME FINANCE, INC. $190,000 $165,000 -13.2% 0.1%
    Amerifirst Financial, Inc. $155,000 n/a 0.1%
    Civista Bank $115,000 $155,000 34.8% 0.1%
    NAVY FEDERAL CREDIT UNION $615,000 $155,000 -74.8% 0.1%
    North American Savings Bank, F.S.B. $155,000 n/a 0.1%
    Union Savings Bank $245,000 $155,000 -36.7% 0.1%
    Goldwater Bank, N.A. $145,000 n/a 0.1%
    SUN Federal Credit Union $15,000 $140,000 833.3% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $135,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $135,000 n/a 0.1%
    County National Bank $125,000 n/a 0.1%
    The Farmers & Merchants State Bank $125,000 n/a 0.1%
    TOWNE MORTGAGE COMPANY $280,000 $115,000 -58.9% 0.1%
    ZILLOW HOME LOANS, LLC $115,000 n/a 0.1%
    PHH Mortgage Corporation $155,000 $105,000 -32.3% 0.1%
    TOP FLITE FINANCIAL, INC. $225,000 $105,000 -53.3% 0.1%
    CHERRY CREEK MORTGAGE, LLC $95,000 n/a 0.1%
    First Federal Savings and Loan Association of Lorain $95,000 n/a 0.1%
    First Financial Bank $350,000 $95,000 -72.9% 0.1%
    GSF Mortgage Corporation $95,000 n/a 0.1%
    Nations Lending Corporation $420,000 $95,000 -77.4% 0.1%
    PLAZA HOME MORTGAGE, INC. $545,000 $95,000 -82.6% 0.1%
    SPRING EQ, LLC $85,000 n/a 0.1%
    Blue Ridge Bank $135,000 $75,000 -44.4% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $65,000 n/a 0.0%
    NTFN, INC. $65,000 n/a 0.0%
    Truist $65,000 n/a 0.0%
    AMERIFIRST FINANCIAL CORPORATION $405,000 $55,000 -86.4% 0.0%
    Directions Credit Union, Inc. $55,000 n/a 0.0%
    MICHIGAN MUTUAL, INC. $55,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $55,000 n/a 0.0%
    First National Bank of America $45,000 n/a 0.0%
    The Citizens National Bank of Bluffton $45,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $140,000 $35,000 -75.0% 0.0%
    THRIVENT Federal Credit Union $35,000 n/a 0.0%

    Tiffin's top lender by overall market share is LOANDEPOT.COM, LLC, with 20.6% market share. In second place, with 8.7%, is The Old Fort Banking Company, having originated $12,070,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $8,215,000 in loans. In fourth place, with 5.4%, is Fifth Third Bank, having originated $7,440,000 in loans. In fifth place, with 4.7%, is First Federal Bank of the Midwest, having originated $6,545,000 in loans.

    Tiffin Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Tiffin (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $79,900 (0.0%) $111,969 (20.4%) 0.00 110
    2018-02-01 $79,675 (6.3%) $110,712 (21.0%) 0.00 104
    2018-03-01 $80,250 (1.1%) $116,981 (18.8%) 0.00 87
    2018-04-01 $84,225 (2.7%) $121,346 (16.1%) 0.00 80
    2018-05-01 $84,900 (6.3%) $109,900 (5.3%) 0.00 75
    2018-06-01 $83,500 (-7.1%) $168,305 (52.3%) 0.00 82
    2018-07-01 $98,800 (6.7%) $182,220 (52.5%) 0.00 87
    2018-08-01 $104,900 (9.9%) $178,024 (48.8%) 0.00 105
    2018-09-01 $95,000 (6.2%) $173,603 (52.3%) 0.00 106
    2018-10-01 $82,400 (3.1%) $180,497 (59.3%) 0.00 107
    2018-11-01 $91,375 (13.6%) $197,881 (72.8%) 0.00 97
    2018-12-01 $95,000 (10.5%) $192,077 (67.1%) 0.00 96
    2019-01-01 $95,900 (20.0%) $208,468 (86.2%) 0.00 88
    2019-02-01 $109,475 (37.4%) $215,152 (94.3%) 0.00 75
    2019-03-01 $103,671 (29.2%) $212,695 (81.8%) 0.00 68
    2019-04-01 $89,900 (6.7%) $203,731 (67.9%) 0.00 64
    2019-05-01 $89,900 (5.9%) $196,913 (79.2%) 0.00 70
    2019-06-01 $94,500 (13.2%) $197,201 (17.2%) 0.00 77
    2019-07-01 $87,450 (-11.5%) $134,233 (-26.3%) 0.00 82
    2019-08-01 $89,900 (-14.3%) $135,939 (-23.6%) 0.00 87
    2019-09-01 $89,900 (-5.4%) $132,405 (-23.7%) 0.00 87
    2019-10-01 $96,450 (17.1%) $132,594 (-26.5%) 0.00 91
    2019-11-01 $108,000 (18.2%) $136,151 (-31.2%) 0.00 102
    2019-12-01 $98,950 (4.2%) $134,447 (-30.0%) 0.00 92
    2020-01-01 $94,900 (-1.0%) $138,966 (-33.3%) 0.00 91
    2020-02-01 $99,550 (-9.1%) $136,380 (-36.6%) 0.00 78
    2020-03-01 $84,750 (-18.3%) $128,582 (-39.6%) 0.00 73
    2020-04-01 $86,675 (-3.6%) $126,734 (-37.8%) 0.00 68
    2020-05-01 $75,950 (-15.5%) $118,917 (-39.6%) 0.00 55
    2020-06-01 $82,200 (-13.0%) $159,491 (-19.1%) 0.00 44
    2020-07-01 $81,825 (-6.4%) $157,435 (17.3%) 0.00 48
    2020-08-01 $98,700 (9.8%) $173,321 (27.5%) 0.00 47
    2020-09-01 $97,975 (9.0%) $162,677 (22.9%) 0.00 51
    2020-10-01 $117,850 (22.2%) $182,011 (37.3%) 0.00 51
    2020-11-01 $128,700 (19.2%) $202,731 (48.9%) 0.00 52
    2020-12-01 $121,925 (23.2%) $194,051 (44.3%) 0.00 50
    2021-01-01 $119,900 (26.3%) $182,408 (31.3%) 0.00 45
    2021-02-01 $111,225 (11.7%) $189,688 (39.1%) 0.00 28
    2021-03-01 $112,063 (32.2%) $223,993 (74.2%) 0.00 18
    2021-04-01 $126,988 (46.5%) $219,252 (73.0%) 0.00 21
    2021-05-01 $129,950 (71.1%) $231,303 (94.5%) 0.00 21
    2021-06-01 $132,763 (61.5%) $214,502 (34.5%) 0.00 31
    2021-07-01 $130,000 (58.9%) $173,346 (10.1%) 0.00 42
    2021-08-01 $125,925 (27.6%) $164,084 (-5.3%) 0.00 52
    2021-09-01 $134,975 (37.8%) $174,673 (7.4%) 0.00 58
    2021-10-01 $134,900 (14.5%) $162,865 (-10.5%) 0.00 54
    2021-11-01 $129,900 (0.9%) $155,908 (-23.1%) 0.00 52
    2021-12-01 $127,900 (4.9%) $159,381 (-17.9%) 0.00 48
    2022-01-01 $124,977 (4.2%) $152,797 (-16.2%) 0.00 32
    2022-02-01 $122,164 (9.8%) $161,416 (-14.9%) 0.00 34
    2022-03-01 $133,675 (19.3%) $166,557 (-25.6%) 0.00 37
    2022-04-01 $134,900 (6.2%) $174,319 (-20.5%) 0.00 42
    2022-05-01 $143,725 (10.6%) $152,296 (-34.2%) 0.00 45
    2022-06-01 $153,150 (15.4%) $163,176 (-23.9%) 0.00 63
    2022-07-01 $149,900 (15.3%) $176,141 (1.6%) 0.00 63
    2022-08-01 $144,975 (15.1%) $174,657 (6.4%) 0.00 72
    2022-09-01 $141,150 (4.6%) $157,978 (-9.6%) 0.00 62
    2022-10-01 $149,900 (11.1%) $156,326 (-4.0%) 0.00 62
    2022-11-01 $158,375 (21.9%) $159,399 (2.2%) 0.00 55
    2022-12-01 $147,000 (14.9%) $147,345 (-7.6%) 0.00 53
    2023-01-01 $133,325 (6.7%) $137,341 (-10.1%) 0.00 41
    2023-02-01 $143,500 (17.5%) $143,630 (-11.0%) 0.00 28
    Tiffin's median listing price for 2023-02-01 was $143,500, a difference of $21,336 (17.5%) versus the prior year and $10,175 versus the prior month.

    Tiffin's median listing price comes in at 0% of the national average.

    Tiffin's average listing price for 2023-02-01 was $143,630, a difference of $-17,786 (-11.0%) versus the prior year and $6,289 versus the prior month.

    For the 2023-02-01 period, Tiffin had 28 MLS listings, a difference of -13 listings (-32%) versus the prior month and -6 listings (-18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Tiffin (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,487 sqft
    2018-02-01 0 days 1,479 sqft
    2018-03-01 0 days 1,519 sqft
    2018-04-01 0 days 1,561 sqft
    2018-05-01 0 days 1,530 sqft
    2018-06-01 0 days 1,541 sqft
    2018-07-01 0 days 1,645 sqft
    2018-08-01 0 days 1,524 sqft
    2018-09-01 0 days 1,587 sqft
    2018-10-01 0 days 1,671 sqft
    2018-11-01 0 days 1,709 sqft
    2018-12-01 0 days 1,685 sqft
    2019-01-01 0 days 1,666 sqft
    2019-02-01 0 days 1,658 sqft
    2019-03-01 0 days 1,649 sqft
    2019-04-01 0 days 1,641 sqft
    2019-05-01 0 days 1,654 sqft
    2019-06-01 0 days 1,624 sqft
    2019-07-01 0 days 1,591 sqft
    2019-08-01 0 days 1,631 sqft
    2019-09-01 0 days 1,622 sqft
    2019-10-01 0 days 1,599 sqft
    2019-11-01 0 days 1,605 sqft
    2019-12-01 0 days 1,608 sqft
    2020-01-01 0 days 1,714 sqft
    2020-02-01 0 days 1,608 sqft
    2020-03-01 0 days 1,574 sqft
    2020-04-01 0 days 1,624 sqft
    2020-05-01 0 days 1,574 sqft
    2020-06-01 0 days 1,614 sqft
    2020-07-01 0 days 1,541 sqft
    2020-08-01 0 days 1,594 sqft
    2020-09-01 0 days 1,539 sqft
    2020-10-01 0 days 1,596 sqft
    2020-11-01 0 days 1,612 sqft
    2020-12-01 0 days 1,580 sqft
    2021-01-01 0 days 1,587 sqft
    2021-02-01 0 days 1,563 sqft
    2021-03-01 0 days 1,724 sqft
    2021-04-01 0 days 1,769 sqft
    2021-05-01 0 days 1,664 sqft
    2021-06-01 0 days 1,658 sqft
    2021-07-01 0 days 1,600 sqft
    2021-08-01 0 days 1,557 sqft
    2021-09-01 0 days 1,564 sqft
    2021-10-01 0 days 1,534 sqft
    2021-11-01 0 days 1,558 sqft
    2021-12-01 0 days 1,551 sqft
    2022-01-01 0 days 1,568 sqft
    2022-02-01 0 days 1,649 sqft
    2022-03-01 0 days 1,599 sqft
    2022-04-01 0 days 1,600 sqft
    2022-05-01 0 days 1,469 sqft
    2022-06-01 0 days 1,628 sqft
    2022-07-01 0 days 1,596 sqft
    2022-08-01 0 days 1,592 sqft
    2022-09-01 0 days 1,512 sqft
    2022-10-01 0 days 1,534 sqft
    2022-11-01 0 days 1,509 sqft
    2022-12-01 0 days 1,468 sqft
    2023-01-01 0 days 1,449 sqft
    2023-02-01 0 days 1,454 sqft
    Tiffin's median listing age (time on market) for 2023-02-01 was 0 days.

    Tiffin's median square footage for active listings during the 2023-02-01 period was 1,454 sqft. One year prior, the average listing was 1,649 sqft.

    Tiffin, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 576 $94,630,000 $164,288
    Cash Out Refi 143 $16,295,000 $113,951
    Refi 136 $16,480,000 $121,176
    Home Improvement 93 $5,005,000 $53,817
    Other 90 $5,700,000 $63,333

    Tiffin's most frequently cited loan purpose was Home Purchase, with 576 originations. The 2nd most popular reason was Cash Out Refi, with 143 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 317 $44,145,000 $139,259
    4-5% 204 $26,630,000 $130,539
    3-4% 185 $31,185,000 $168,568
    6-7% 141 $16,985,000 $120,461
    7-8% 61 $5,705,000 $93,525
    2.5-3% 57 $7,195,000 $126,228
    <2.5% 23 $1,995,000 $86,739
    Over 8% 18 $810,000 $45,000

    During 2022, Tiffin's most frequently originated rate bucket was 5-6%, with 317 originations.

    Loan Sizing (Tiffin, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 455 $27,775,000 $61,044
    $100k-200k 440 $60,390,000 $137,250
    $200k-400k 130 $33,880,000 $260,615
    $400k-600k 7 $2,995,000 $427,857
    $Over $1MM 4 $11,830,000 $2,957,500
    $600k-1000k 2 $1,240,000 $620,000

    Tiffin's loan sizing saw the bucket of loans from $100,000 or less with 455 originations, totaling $27,775,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 433 $70,195,000 $162,113
    60-80% 235 $34,215,000 $145,596
    20-40% 133 $9,025,000 $67,857
    40-60% 121 $15,305,000 $126,488
    Under 20% 62 $1,910,000 $30,806
    Over 100% 16 $3,420,000 $213,750

    Tiffin's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 433 originations, totaling $70,195,000 in origination value.